In the $150 million Allied Wallets scam, which tricked banks into accepting money for illegal online gaming and other high-risk transactions, two US citizens entered a guilty plea last week.
Prosecutors claim that Allied deceived banks and credit agencies into handling payments for companies engaged in payday lending, online pharmacy sales, and debt relief in addition to online gambling transactions.
Prosecutors claim that Allied deceived banks and credit agencies into handling payments for companies engaged in payday lending, online pharmacy sales, and debt relief in addition to online gambling transactions.